Monday, February 23, 2009

And this is why we mock them.

The term "thousands" is a term used commonly to establish something as very large.

On the other hand, there are those of us who, if we wanted to say "millions," we would have said, you know, "millions." Because large numbers like that don't frighten us, Justin. You, on the other hand, well, I see a course in remedial mathematics going something like this ...

I don't know where this Canadian Cynic gets his information, but he'd better put his Spawn comics aside and read some hard data.

The housing crisis in the U.S. ...

EPIC FAIL!

We weren't talking about the "housing crisis in the U.S.," Powell, my little dimwit. We were talking about the worldwide financial meltdown, but thanks for trying to move those goalposts when you were hoping no one was watching.

Actually, is Justin from Newfoundland? Because using "thousands" to describe "very large" *is* common there. I remember hearing a story about an excited Newfoundlander going on during the early days of Hibernia about the oil reserves they were discovering.

"So, what you're saying is that there's millions of barrels of oil out there?" said some official from Ottawa.

"Millions? **Millions?!**" the man shouts in disbelief. Then he throws his arms wide. "My son, there are **thousands**!"

Actually, I just couldn't resist. You're mopping the floor nicely so I thought I would add a little carbolic.

I find the Powell lucas comment interesting. First he suggests you go dig up some facts and then engages a well-worn and long debunked Republican lie as support.

That the commenter clearly has no idea how Fannie Mae or Freddie Mac (notice how none of them mention Ginnie Mae?) work, nor how the secondary mortgage market was introduced - nor when is illuminating.

Typically, he blames the Clinton administration. I suppose we're all a little guilty of not looking back quite far enough since the start of this mess actually goes back to the Depository Institutions Deregulation and Monetary Control Act and Alternative Mortgage Transaction Parity Act, both of which are the work of that Republican hero, Ronald Reagan.